Baku, Azerbaijan, April 28. The Islamic
Republic News Agency (IRNA) has published an article by Trend News Agency,
focusing on President Masoud Pezeshkian’s visit to Baku.
IRNA, founded in 1934, is Iran’s oldest and one of
its most influential media organizations. The agency provides news
reports and analytical content on Iran and the Middle East in
several languages.
“President Pezeshkian’s visit to Azerbaijan marks the beginning
of a new phase in Iran’s regional diplomacy, underscoring the
growing strategic importance of economic ties between Tehran and
Baku,” IRNA quotes from Trend’s report.
The article also highlights that Iran is actively addressing
trade barriers and is seeing a significant increase in cooperation
with Azerbaijan.
“A key aspect of President Pezeshkian’s visit is the
participation of over 100 representatives from Iran’s private
sector, emphasizing Tehran’s efforts to make the private sector the
main driver of bilateral cooperation,” the report states.
Energy cooperation remains a cornerstone of the strategic
partnership between the two nations. In May 2024, Azerbaijan and
Iran launched the Khudafarin and Giz Galasi hydropower plants on
the Araz River. These projects will provide irrigation for more
than 400,000 hectares of agricultural land in both countries and
generate up to 280 megawatts of electricity, greatly enhancing
energy security in the border regions.
“Improving transportation infrastructure is another key priority
for both nations. Azerbaijan and Iran are actively collaborating on
the International North-South Transport Corridor, which connects
India, Iran, Azerbaijan, Russia, and Europe. Important projects
such as the Rasht-Astara railway, set to be completed in 2025, and
the construction of a bridge over the Astara River for both road
and rail traffic, will significantly improve the efficiency of
cargo transport,” the article points out.
“Strengthening bilateral ties could lay the groundwork for a new
regional economic order. Mutually beneficial cooperation and
strategic initiatives will shape the future of the South Caucasus
and the entire region,” the article concludes.